STOCK TITAN

[Form 4] CIRRUS LOGIC, INC. Insider Trading Activity

Filing Impact
(High)
Filing Sentiment
(Negative)
Form Type
4

Thomas Scott, reported changes in his beneficial ownership of Cirrus Logic, Inc. (CRUS) on 09/18/2025. Under a Rule 10b5-1 plan adopted August 9, 2024, he exercised a non-qualified stock option11,089 shares at an exercise price of $41.49. On the same date he sold 11,089 shares at $121.49. After these transactions the filing reports 37,396 shares beneficially owned by the reporting person. The option referenced was fully vested per the filing (vesting completed 11/7/2022) and only vested shares could be exercised.

Thomas Scott ha riportato cambiamenti nella sua proprietà beneficiaria di Cirrus Logic, Inc. (CRUS) il 18/09/2025. Sotto un piano Rule 10b5-1 adottato il 9 agosto 2024, ha esercitato un’opzione azionaria non qualificata, consentendo l’acquisizione di 11.089 azioni al prezzo di esercizio di $41,49. Nello stesso giorno ha venduto 11.089 azioni al prezzo di $121,49. Dopo queste operazioni la dichiarazione riporta 37.396 azioni possedute in modo favorevole dalla persona che presenta il rapporto. L’opzione citata era interamente maturata secondo la dichiarazione (la vesting è stata completata l’11/7/2022) e solo azioni maturate potevano essere esercitate.

Thomas Scott informó cambios en su propiedad beneficiaria de Cirrus Logic, Inc. (CRUS) el 18/09/2025. Bajo un plan Rule 10b5-1 aprobado el 9 de agosto de 2024, ejerció una opción de compra de acciones no calificadas que permite la adquisición de 11.089 acciones a un precio de ejercicio de $41.49. En la misma fecha vendió 11.089 acciones a $121.49. Después de estas operaciones, el informe registra 37.396 acciones poseídas beneficiosamente por la persona que informa. La opción mencionada estaba completamente vested según el informe (el vesting se completó el 11/7/2022) y sólo las acciones adquiridas podían ejercerse.

Thomas Scott는 Cirrus Logic, Inc. (CRUS)의 유익한 소유권 변동을 2025년 9월 18일에 보고했습니다. 2024년 8월 9일에 채택된 Rule 10b5-1 계획에 따라 비자격 주식 매수 옵션을 행사하여 11,089주를 행사 가격 $41.49로 취득했습니다. 같은 날짜에 11,089주를 매도했고 매도가격은 $121.49였습니다. 이러한 거래 후 보고서는 보고인이 37,396주를 유익하게 보유하고 있다고 보고합니다. 해당 옵션은 보고에 따라 완전히 취득되었으며(취득은 2022년 11월 7일에 완료), 취득한 주식만 행사할 수 있었습니다.

Thomas Scott a signalé des changements dans sa propriété bénéficiaire de Cirrus Logic, Inc. (CRUS) le 18/09/2025. Dans le cadre d’un plan Rule 10b5-1 adopté le 9 août 2024, il a exercé une option d’achat d’actions non qualifiée, permettant l’acquisition de 11 089 actions à un prix d’exercice de $41,49. À la même date, il a vendu 11 089 actions pour $121,49. Suite à ces transactions, le dossier indique que le rapportant détient 37 396 actions de manière bénéficiaire. L’option mentionnée était entièrement acquise selon le dossier (l’acquisition vesting s’est terminée le 7/11/2022) et seules les actions acquises pouvaient être exercées.

Thomas Scott hat am 18.09.2025 Änderungen an seinem vorteilhaften Eigentum an Cirrus Logic, Inc. (CRUS) gemeldet. Im Rahmen eines am 09.08.2024 verabschiedeten Rule-10b5-1-Plans hat er eine unqualifizierte Aktienoptionsoption ausgeübt, die den Erwerb von 11.089 Aktien zu einem Ausübungspreis von $41,49 ermöglicht. Am selben Tag verkaufte er 11.089 Aktien zu $121,49. Nach diesen Transaktionen meldet die Offenlegung, dass der meldende 37.396 Aktien vorteilhaft besitzt. Die genannte Option war gemäß dem Filing vollständig vestet (das Vesting wurde am 11.07.2022 abgeschlossen) und nur vestete Aktien konnten ausgeübt werden.

توماس سكوت قد أبلغ عن تغييرات في ملكيته المستفيدة لشركة Cirrus Logic, Inc. (CRUS) في 18/09/2025. بموجب خطة Rule 10b5-1 التي اعتمدت في 9 أغسطس 2024، قام على تمرين خيار شراء أسهم غير مؤهل مما أتاح شراء 11,089 سهماً بسعر تنفيذ قدره $41.49. في نفس التاريخ باع 11,089 سهماً بسعر $121.49. وبعد هذه المعاملات تُشير الوثيقة إلى أن الشخص المبلغ يمتلك 37,396 سهماً مفيداً. الخيار المشار إليه كان مكتمل الاستحقاق وفقاً للوثائق (اكتمل vesting في 11/7/2022) ولم يكن يمكن ممارسة الاكتساب إلا على الأسهم المستحقة.

托马斯·斯科特 于 2025-09-18 报告了其在 Cirrus Logic, Inc. (CRUS) 的受益所有权变动。根据于 2024-08-09 通过的 Rule 10b5-1 计划,他行使了非合格的股票期权,以< b>$41.49 的行使价格取得了 11,089 股。同日他又以 $121.49 的价格出售了 11,089 股。交易完成后,该申报文件显示该报告人拥有 37,396 股的受益所有权。所述期权根据信函完全归属(归属完成于 2022-11-07),只有已归属的股票才可以行使。

Positive
  • Transaction executed under a Rule 10b5-1 plan, indicating pre-arranged, compliant insider trading
  • Full disclosure of exercise and sale prices ($41.49 exercise; $121.49 sale) and post-transaction beneficial ownership (37,396 shares)
  • Option was fully vested (vesting completed 11/07/2022) and filing states only vested shares could be exercised
Negative
  • None.

Insights

TL;DR: Routine insider option exercise and sale executed under a 10b5-1 plan; no novel disclosure or unexpected change in ownership.

The filing shows a synchronized exercise and sale of 11,089 shares on 09/18/2025 under a Rule 10b5-1 plan adopted 08/09/2024. The exercise price was $41.49 and sale price $121.49, and the reporting person retains 37,396 shares after the transactions. The disclosure is precise about vesting (fully vested by 11/07/2022) and indicates direct beneficial ownership. For investors, this is a transparent, rule-compliant insider liquidity event rather than an indicator of material corporate change.

TL;DR: Transaction appears compliant and routine; use of a documented 10b5-1 plan reduces timing concerns.

The report documents an option exercise and contemporaneous sale executed pursuant to a pre-established 10b5-1 plan adopted 08/09/2024. The filer discloses the vesting schedule and that only vested shares were exercisable, which supports governance best practices for insider transactions. The filing is straightforward and contains the required detail for Section 16 reporting, with ownership totals and transaction prices clearly stated.

Thomas Scott ha riportato cambiamenti nella sua proprietà beneficiaria di Cirrus Logic, Inc. (CRUS) il 18/09/2025. Sotto un piano Rule 10b5-1 adottato il 9 agosto 2024, ha esercitato un’opzione azionaria non qualificata, consentendo l’acquisizione di 11.089 azioni al prezzo di esercizio di $41,49. Nello stesso giorno ha venduto 11.089 azioni al prezzo di $121,49. Dopo queste operazioni la dichiarazione riporta 37.396 azioni possedute in modo favorevole dalla persona che presenta il rapporto. L’opzione citata era interamente maturata secondo la dichiarazione (la vesting è stata completata l’11/7/2022) e solo azioni maturate potevano essere esercitate.

Thomas Scott informó cambios en su propiedad beneficiaria de Cirrus Logic, Inc. (CRUS) el 18/09/2025. Bajo un plan Rule 10b5-1 aprobado el 9 de agosto de 2024, ejerció una opción de compra de acciones no calificadas que permite la adquisición de 11.089 acciones a un precio de ejercicio de $41.49. En la misma fecha vendió 11.089 acciones a $121.49. Después de estas operaciones, el informe registra 37.396 acciones poseídas beneficiosamente por la persona que informa. La opción mencionada estaba completamente vested según el informe (el vesting se completó el 11/7/2022) y sólo las acciones adquiridas podían ejercerse.

Thomas Scott는 Cirrus Logic, Inc. (CRUS)의 유익한 소유권 변동을 2025년 9월 18일에 보고했습니다. 2024년 8월 9일에 채택된 Rule 10b5-1 계획에 따라 비자격 주식 매수 옵션을 행사하여 11,089주를 행사 가격 $41.49로 취득했습니다. 같은 날짜에 11,089주를 매도했고 매도가격은 $121.49였습니다. 이러한 거래 후 보고서는 보고인이 37,396주를 유익하게 보유하고 있다고 보고합니다. 해당 옵션은 보고에 따라 완전히 취득되었으며(취득은 2022년 11월 7일에 완료), 취득한 주식만 행사할 수 있었습니다.

Thomas Scott a signalé des changements dans sa propriété bénéficiaire de Cirrus Logic, Inc. (CRUS) le 18/09/2025. Dans le cadre d’un plan Rule 10b5-1 adopté le 9 août 2024, il a exercé une option d’achat d’actions non qualifiée, permettant l’acquisition de 11 089 actions à un prix d’exercice de $41,49. À la même date, il a vendu 11 089 actions pour $121,49. Suite à ces transactions, le dossier indique que le rapportant détient 37 396 actions de manière bénéficiaire. L’option mentionnée était entièrement acquise selon le dossier (l’acquisition vesting s’est terminée le 7/11/2022) et seules les actions acquises pouvaient être exercées.

Thomas Scott hat am 18.09.2025 Änderungen an seinem vorteilhaften Eigentum an Cirrus Logic, Inc. (CRUS) gemeldet. Im Rahmen eines am 09.08.2024 verabschiedeten Rule-10b5-1-Plans hat er eine unqualifizierte Aktienoptionsoption ausgeübt, die den Erwerb von 11.089 Aktien zu einem Ausübungspreis von $41,49 ermöglicht. Am selben Tag verkaufte er 11.089 Aktien zu $121,49. Nach diesen Transaktionen meldet die Offenlegung, dass der meldende 37.396 Aktien vorteilhaft besitzt. Die genannte Option war gemäß dem Filing vollständig vestet (das Vesting wurde am 11.07.2022 abgeschlossen) und nur vestete Aktien konnten ausgeübt werden.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
THOMAS SCOTT

(Last) (First) (Middle)
800 WEST 6TH STREET

(Street)
AUSTIN TX 78701

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
CIRRUS LOGIC, INC. [ CRUS ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP, General Counsel
3. Date of Earliest Transaction (Month/Day/Year)
09/18/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 09/18/2025 M(1) 11,089 A $41.49 37,396 D
Common Stock 09/18/2025 S(1) 11,089 D $121.49 26,307 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Non-Qualified Stock Option (right to buy) $41.49 09/18/2025 M(1) 11,089 (2) 11/07/2028 Common Stock 11,089 $0 0 D
Explanation of Responses:
1. This transaction was made pursuant to a Rule 10b5-1 plan adopted by the reporting person on August 9. 2024.
2. Only vested shares can be exercised under this option. 25% of the shares will vested on 11/7/19; the remaining shares vested monthly over the following 36 months so that the option was fully vested and exercisable on 11/7/22.
Remarks:
Gregory Scott Thomas 09/18/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did the Form 4 filed for CRUS disclose on 09/18/2025?

The Form 4 shows the reporting person exercised 11,089 options at $41.49 and sold 11,089 shares at $121.49 on 09/18/2025, leaving 37,396 shares beneficially owned.

Was the insider transaction for CRUS executed under a trading plan?

Yes. The filing states the transactions were made pursuant to a Rule 10b5-1 plan adopted on August 9, 2024.

Were the options exercised in the CRUS filing vested?

Yes. The filing notes the option was fully vested with vesting completed on 11/07/2022, and only vested shares could be exercised.

How many shares does the reporting person own after the transactions?

The filing reports 37,396 shares beneficially owned following the reported transactions.

What prices were involved in the CRUS insider transactions?

The exercise price was $41.49 and the sale price was $121.49 as reported in the Form 4.
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